Sumter School District audit shows district's reserves now at $14.3M

Financial officials advise need to push to at least 15%, or $18M, given cyclical revenues, unanticipated expenditures

BY BRUCE MILLS bruce@theitem.com
Posted 12/12/19

For the third straight year with a credentialed chief financial officer on staff, Sumter School District had no surprises with the formal release of its official audit report.

Given its financial performance, the district will in likely by lifted …

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